Risk Analyst

Allegis Group•Hanover, MD

4h•$63,300 - $94,900•Hybrid

About The Position

The Risk Analyst is an early-career role supporting the broader Risk Management function. The position contributes to identifying and mitigating risks, managing the insurance program, supporting business continuity and disaster recovery planning, and preparing related risk reporting. It calls for analytical thinking and curiosity about the factors underlying data and potential risks. The role owns the end-to-end monopolistic state filing process, analyzes insurance-related job codes and filing trends, tracks regulatory deadlines and changes, and supports risk assessments, controls, issue remediation, insurance renewals, business continuity plans, risk-management tools, reporting, and process improvements. The analyst reviews work products for accuracy and quality and performs additional duties assigned by the Risk Manager or ECRM Director. The position is required in the office four days per week at the company headquarters in Hanover, Maryland. The role is bonus eligible, with a stated salary range of $63,300–$94,900. Individual compensation depends on qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other job-related factors. Benefits are subject to change and may depend on elections and plan or program terms.

Requirements

Bachelor’s degree in Business Administration, Management, Finance, Accounting, or a related field.
Three to five years of relevant experience; internships, co-ops, rotational programs, or substantial academic project work will be considered.
Excellent verbal, written, and presentation communication skills.
Interpersonal skills to build working relationships, negotiate priorities, and resolve conflict.
Strong analytical and problem-solving skills, including questioning assumptions, validating data, identifying root causes, and drawing sound conclusions.
Ability to relate to all levels of an organization.
Highly organized and detail oriented.
Advanced Excel proficiency, including XLOOKUP/VLOOKUP, INDEX/MATCH, pivot tables, conditional logic, data validation, and reconciliation; ability to build, audit, and document complex workbooks; proficiency in the rest of MS Office.
Ability to take ownership of recurring, deadline-driven regulatory work with a high standard of accuracy and integrity.
Eagerness to learn, seek feedback, ask questions, and quickly build subject-matter knowledge.
Reasoned decision-making ability.

Nice To Haves

Exposure to risk management, insurance, audit, compliance, finance/accounting, or data analysis.
Coursework or experience in risk management, insurance, or regulatory compliance.

Responsibilities

Own the end-to-end monopolistic state filing process, including gathering payroll and exposure data, preparing and reconciling reports to source systems, reviewing accuracy, and submitting filings accurately and on time.
Analyze insurance-related job codes and filing trends; investigate root causes, challenge assumptions, and communicate findings to the Risk Manager.
Track filing deadlines and regulatory changes, maintain a filing calendar, and escalate issues early.
Support stakeholders in proactively identifying risks, determining likelihood and impact, and conducting business-function risk assessments.
Support development of controls, document issue remediation plans as needed, and manage execution of remediation plans.
Manage the ongoing insurance process, gather renewal requirements, and support stakeholders throughout the process.
Support the Business Continuity function by managing the creation and maintenance of customer Business Continuity Plans, supporting work sessions, and promoting Business Continuity and Disaster Recovery awareness.
Assist the manager in maintaining the risk management application and support other groups that use the tool.
Support Risk Management process improvements and execute ad hoc projects.
Manage ongoing reporting, support dashboard creation, and maintain risk-related data with attention to data integrity and well-documented calculations.
Review and audit work products to ensure consistency and high-quality risk mitigation deliverables.
Perform additional duties assigned by the Risk Manager or ECRM Director.

Benefits

Medical, dental, and vision coverage.
Hospital plans.
401(k) Retirement Plan with pre-tax and Roth post-tax contribution options.
Company-paid Basic Life and AD&D insurance, plus voluntary Life and AD&D coverage for the employee and dependents.
Company-paid short- and long-term disability.
Health and Dependent Care Spending Accounts (HSA and DCFSA).
Transportation benefits.
Employee Assistance Program.
Tuition Assistance.
Paid time off (PTO), Allegis Group Paid Family Leave, and Parental Leave.
Bonus eligibility.